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Asia-express Logistics Holdings (HKSE:08620) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Asia-express Logistics Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asia-express Logistics Holdings's Gross Profit for the three months ended in Sep. 2024 was HK$0.0 Mil. Asia-express Logistics Holdings's Revenue for the three months ended in Sep. 2024 was HK$0.0 Mil. Therefore, Asia-express Logistics Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Asia-express Logistics Holdings's Gross Margin % or its related term are showing as below:

HKSE:08620' s Gross Margin % Range Over the Past 10 Years
Min: -5.13   Med: 2.4   Max: 11.51
Current: 4.16


During the past 8 years, the highest Gross Margin % of Asia-express Logistics Holdings was 11.51%. The lowest was -5.13%. And the median was 2.40%.

HKSE:08620's Gross Margin % is ranked worse than
92.13% of 966 companies
in the Transportation industry
Industry Median: 20.285 vs HKSE:08620: 4.16

Asia-express Logistics Holdings had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia-express Logistics Holdings was 0.00% per year.


Asia-express Logistics Holdings Gross Margin % Historical Data

The historical data trend for Asia-express Logistics Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asia-express Logistics Holdings Gross Margin % Chart

Asia-express Logistics Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 3.73 0.21 -2.19 -5.13 1.06

Asia-express Logistics Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.12 4.68 3.62 - -

Competitive Comparison of Asia-express Logistics Holdings's Gross Margin %

For the Airports & Air Services subindustry, Asia-express Logistics Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asia-express Logistics Holdings's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia-express Logistics Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asia-express Logistics Holdings's Gross Margin % falls into.


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Asia-express Logistics Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Asia-express Logistics Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=3.8 / 356.161
=(Revenue - Cost of Goods Sold) / Revenue
=(356.161 - 352.37) / 356.161
=1.06 %

Asia-express Logistics Holdings's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Asia-express Logistics Holdings  (HKSE:08620) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Asia-express Logistics Holdings had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Asia-express Logistics Holdings Gross Margin % Related Terms

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Asia-express Logistics Holdings Business Description

Traded in Other Exchanges
N/A
Address
38–42 Kwai Fung Crescent, 3rd Floor, Magnet Place Tower 2, Kwai Chung, New Territories, Hong Kong, HKG
Asia-express Logistics Holdings Ltd is an air cargo ground handling services provider in Hong Kong. The company's air cargo ground handling services cover Air cargo terminal operation; Transportation; Warehousing and other value-added services. It provides services to express carriers; air cargo terminal operators, freight forwarders, and corporates domestically and regionally. The group's operations are mainly located in Hong Kong and the PRC, of which key revenue is generated from Air cargo terminal operation services in Hong Kong.
Executives
3c Holding Limited 2101 Beneficial owner
Diligent City Limited 2101 Beneficial owner
Chan Le Bon 2201 Interest of corporation controlled by you
Choy Wing Hang William 2201 Interest of corporation controlled by you
Leung Song 2202 Interest of your spouse

Asia-express Logistics Holdings Headlines

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